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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 165,910,492 $ 64,244,983
Other current assets 1,617,557 2,514,602
Total current assets 167,528,049 66,759,585
Property, plant and mine development, net 48,132,617 40,055,354
Operating lease right-of-use assets 28,668 60,919
Other non-current assets 8,131,138 4,500,203
Equity investments in unconsolidated affiliates 57,723,058 58,872,710
Total assets 281,543,530 170,248,771
Liabilities and Stockholders’ Equity    
Accounts payable 1,521,985 1,262,744
Accrued expenses 3,735,866 5,425,498
Current portion of long-term debt 722,301 762,189
Operating lease liabilities 29,485 59,430
Other current liabilities 29,906 40,157
Total current liabilities 6,039,543 7,550,018
Long-term debt, net of current portion 706,801 914,147
Total liabilities 6,746,344 8,464,165
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Common stock; $0.0001 par value, 100,000,000 shares authorized; 17,929,526, and 15,894,395, shares issued and outstanding at March 31, 2022, and December 31, 2021, respectively 1,793 1,589
Additional paid-in capital 377,105,200 255,131,836
Accumulated deficit (101,837,632) (92,683,000)
Accumulated other comprehensive income (loss) (472,175) (665,819)
Total stockholders’ equity 274,797,186 161,784,606
Total liabilities and stockholders’ equity $ 281,543,530 $ 170,248,771